Ericsson has appointed Borje Ekholm, a veteran board member as President and CEO of the company, effective January 16, 2017. Borje Ekholm will also remain a member of the Board of Directors of Ericsson.
Borje Ekholm joins Ericsson from his current position as CEO of Patricia Industries, a division within Investor. Prior to assuming this position in 2015, Borje Ekholm held the position as President and CEO of Investor AB between 2005 and 2015. Previous positions also include President of Investor Growth Capital, as well as positions with Novare Kapital AB and McKinsey & Co.
Börje Ekholm is a member of the Board of Directors for Telefonaktiebolaget LM Ericsson, Alibaba , NASDAQ OMX Group and Trimble Navigation. He is also a member of the University Board of KTH Royal Institute of Technology.
Born in 1963 Borje Ekholm holds a Master of Science in Electrical Engineering from KTH Royal Institute of Technology, Stockholm, Sweden, as well as a Master of Business Administration from INSEAD, France.
Leif Johansson, Chairman of the Board
Having served on Ericsson's Board of Directors for the past ten years, Borje Ekholm has full understanding of the challenges and the opportunities Ericsson currently faces.
Börje Ekholm, In-coming CEO and President of Ericsson
I am very excited about this opportunity. As the networks and applications become even more important in a 5G connected world, our customers, and the industry, look for continuous innovation.